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Healthcare industry undergoing rapid transformation

UNI Apr 16, 2019

Healthcare industry is undergoing rapid transformation especially in this disruptive era. Technology has become intrinsically related and linked to almost all facets of work flow within the healthcare systems to optimise and speed up efficiency as it affects all stake holders involved namely the patients, providers and payers.


The system involves massive use and transfer of data among all stake holders. As the industry is edging towards being the fastest service centric sector, there is a gradual shift about using a centralised data to give the best to end users. The application of technology to radically improve performance and human care has become a trending topic for healthcare organisations across the globe. Digital technology is touching the lives of every human being today in one way or the other, said Dr. Alok Roy, Former President, The Bengal Chamber of Commerce and Industry and Chairman, Medica Group of Hospitals.

Dr Roy was speaking on the sidelines of Health Tech 2019 – Technologies for Universal Healthcare, jointly organised by Medica Superspecialty Hospital and The Bengal Chamber of Commerce & Industry to be held over two days between 12th and 13thApril, 2019 in the city. Indrajit Sen, President, The Bengal Chamber stated, “Apart from providing the best healthcare facility to all patients, The Bengal Chamber IT committee proposes that both public and private healthcare systems adopt blockchain based Electronic Health Record (EHR) where entire summary, prescriptions, reports to the respective unique citizen id stored on the blockchain platform.”

The highlight of the opening day will be the Release of Knowledge Paper “Reimagining Health Information Exchange in India using Blockchain” drafted by PricewaterhouseCoopersPrivate Limited. "Indian healthcare is on the cusp of transformation by adopting the Ayushman Bharat and moving to attain the goal of Universal Health Care (UHC). It has been facing challenges of affordability, quality of care and availability of adequate skilled resources for a long time.

Add to this, the various limitations of existing technology that has led to challenges around meaningful health information generation, ownership, storage, standardization, security and exchange, stated Arnab Basu, Chairperson, IT Committee, The Bengal Chamber of Commerce and Industry and Leader - Technology Consulting, PwC India.

“Blockchain offers a solution to these challenges by providing a trust enabled information exchange platforms for the healthcare ecosystem to generate, store, and exchange meaningful health information in a secured manner,” he said. Last year’s topic highlighted the significance of two emerging technologies – Artificial Intelligence (AI) and Internet of Medical Things (IoMT) in addressing some of the key challenges of healthcare like accessibility and affordability. It helped understand the various use cases of these two technologies that can be leveraged in the Indian healthcare technology ecosystem in a disruptive manner.

Over the last 12 months we have seen greater adoption of these technologies and similar papers/work has raised awarenessabout these disruptive technologies in the Indian healthcare organizations. There are several government initiatives also on similar technologies. Many private healthcare providers and equipment majors have also adopted these technologies and these are maturing quite fast in India. It was learnt that PwC had been supporting and engaging with several of them for developing solutions around these technologies. Some of the key participants on the first day are Kazuya Nakajo, Chief Director General, JETRO, New Delhi, Mr. Hubert Goffinet, Trade and Investment

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